RCAX Full Holdings

Ticker	Name	CUSIP	ETF Weight	Shares
75644T100-TRS-09/08/28-L-RCAX	Red Cat Hldgs Swap Cf-l	75644T100-TRS-09/08/28-L-RCAX	69.90%	84,057
75644T100-TRS-02/22/28-L-RCAX	Red Cat Hldgs Swap Cs-l	75644T100-TRS-02/22/28-L-RCAX	66.02%	79,398
75644T100-TRS-02/03/29-L-RCAX	Red Cat Hldgs Swap Marex-l	75644T100-TRS-02/03/29-L-RCAX	64.03%	77,000
912797PV3	United States Treasury Bill 03/19/2026	912797PV3	6.86%	100,000
FGXXX	First American Government Obligations Fund 12/01/2031	31846V336	5.31%	77,121
Cash&Other	Cash & Other	Cash&Other	-112.19%	-1,629,753

Data as of 02/19/2026. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.